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Financial servility and the education crisis in southern Europe


In Southern Europe, we are immersed in a deep financial crisis. This is largely due to greed within the banking sector in this hyper-liberalised financial system, a growth model highly dependent on speculation and the 'bad government' prevalent in the region that has tolerated, if not pro-actively fuelled, this erratic developme...

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World Bank's "Global Economic Prospects" report forecasts slower growth in 2012


The World Bank's new "Global Economic Prospects" publication forecasts slower growth for almost all developing regions in 2012 because of protracted instability in the Euro area. The reports attributes its expectation of lower growth in developing regions to a series of factors associated with the euro zone debt crisis, includin...

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